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iigis
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daVinciLite: Thanks for answer. Yop context in trading is the most important part. I started reading tape, DOM, 2-3 months ago because i can not trading the mechanical system with confidence. MP is what for me make context of the game. The answer is quite different from what i mean. Thanks for that, but i want some reasons why it should turn. For example VAL is price which is unfair so i culd buy with confidence there. I want to know psychology behind that point.
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Hi, this is my first post here because i can not help with understanding POC. I know that this level is key S/R, i see it many times. Problem is that i do not understand why it could turn right there. Biggest amount of transaction was there so i could mean that that level is balanced (people agree about that price). So imagine that yesterday was P shape day a.k.a. Trend day long. Todays open is near VAH and i want to speculeta about rejection from POC. If anyone can give me some support ideas, i really want to make that trade but my brain says something different so i need some logic ideas why it should turn. Thanks